For hockey fans in New Jersey, the Devils' run to the 2012 Stanley Cup Finals was undeniably cool, if a little old hat—it was the team's fifth appearance in 17 years.

Trailing the proceedings, though, was a black cloud: an outstanding debt of $78 million, and the fact that a large portion of the team was up for sale.

Devils owner Jeff Vanderbeek bought the rest of the team and refinanced its debt. (AP Photo)

As of Thursday, that's no longer the case. Owner Jeff Vanderbeek has refinanced the debt, a task aided by the Cup run, and taken over both the 47 percent share formerly controlled by Brick City Hockey LLC and six percent owned by Peter Simon.

Financial details of the deal were unavailable.

In September, the New York Post reported that Vanderbeek reached an agreement with lenders after the NHL agreed to convert the league's multimillion-dollar advance on licensing income into a secured loan.

Vanderbeek, now the team's sole owner, called the announcement "good news" and the team's future "secure," in a released statement (via NorthJersey.com).

He also thanked Brick City, which is led by Mike Gilfillan and Ray Chambers.

"Together we shared a passion that led to the building of the Prudential Center — truly a shining jewel of a facility and in my view one of the best arenas in the entire world. The Rock is a great legacy for which we will always be proud," Vanderbeek said.